Total LNG feedgas levels are nominated to flow over 11 Bcf/d again today. This after Cameron nominations restated higher for yesterday, and posted higher for today. A Sempra spokesperson said that Cameron LNG is bringing back one of their LNG trains today after having it ramp down for planned maintenance. This timing lines up with the completion of maintenance work on Columbia Gulf. IT should be noted that there is more planned maintenance next week on Columbia Gulf (7/20-7/24).
Today’s Fundamentals
Daily US natural gas production is estimated to be 90.7 Bcf/d this morning. Today’s estimated production is -0.73 Bcf/d to yesterday, and -1.39 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 75.1 Bcf today, -0.51 Bcf/d to yesterday, and +1.5 Bcf/d to the 7D average. US power burns are expected to be 39.7 Bcf today, and US ResComm usage is expected to be 8.4 Bcf.
Net LNG deliveries are expected to be 11.1 Bcf today.
Mexican exports are expected to be 7.2 Bcf today, and net Canadian imports are expected to be 5.6 Bcf today.
The storage outlook for the upcoming report is +50 Bcf today.
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ION-Energy-Daily-Report-July-14-2021.pdf